What is the step by step solution for the following
QUESTION
What is the step by step solution for the following question….please show how to get the answer. Smitty’s Smoothies have a fixed cost of 1600.00 per month. The only variable costs Smitty incurs are for the ingredients at 50 cents per drink and labor needed to produce the smoothies at 1 dollar per drink. Smitty sells the smoothies for $3.50 each. How many smoothies does he need to sell in order to break even? Please show your work.
ANSWER:
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